The Chandigarh Municipal Corporation has handed over comprehensive financial records and employee dossiers to the Central Bureau of Investigation (CBI) to assist in its ongoing probe into a scam involving fake fixed deposits (FD). This submission follows a detailed 20-point questionnaire from the central agency targeting the Chandigarh Smart City project’s financial dealings, primarily with IDFC Bank.
Document Submission Process
Because the request included archival documents, the civic body requested an extension from the CBI to locate and verify the files. “The accounts department meticulously verified all documents before submission, including authorisation orders for bank emails,” an MC source told The Times of India.
Chain of Custody Maintained
Before moving the files from the Smart City building, the MC filmed the entire collection process to maintain a strict chain of custody and ensure no documents were misplaced. This step was taken to guarantee the integrity of the evidence provided to the investigating agency.
Relocation of Records
The relocation also cleared the Smart City building, which has been leased to the corporate affairs ministry’s registrar of companies (ROC) for about ₹30 lakh a month. A dedicated team of engineering and accounts officials managed the transfer of the remaining records to the corporation headquarters.
The CBI probe focuses on irregularities in fixed deposits made by the Chandigarh Smart City project, with IDFC Bank at the center of the investigation. The submission of these documents is expected to aid the agency in uncovering the full extent of the alleged scam.
